Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[Karartma1]

The US Dollar can't be like this forever and we all know that. It will eventually pop

http://giphy.com/gifs/d3MMyApsVs3Vpuvu

Hey kiddo! Exciting time in the world right now. Exciting time.

http://giphy.com/gifs/mr-robot-mrrobotedit-WiM5K1e9MtEic

[JayJuanGee]

Taking longer than expected to get above 800. Thought we'd be at 790 now atleast

It will no doubt go above $800 sometime soon with the holiday shopping spree two fold just around the corner. It is near $779 if it didn't pass that point already.

I thought that most of us already realized, by now, that these days bitcoin price movements are not very closely correlated to consumer spending...

Concededly, there may be some marginal effects, but in the end, consumer spending remains a small factor in bitcoinlandia and not very closely related to bitcoin price movements.

[Master mind]

Heading for new ATH on Stamp, and maybe Gox as well.

BTC scam.

[lerredit]

How far will CNY crash? : https://s.tradingview.com/x/KyNJZUz2/

[Torque]

800 must be some magical fkn number, because it is so obvious that the price is being held below that until the new year comes.

What happens at 800? I would think that there really isn't any resistance left from here on up, but hey what do I know.

[Spaceman_Spiff]

Duke944 is Lambie/TalksCheap/Kwuckduck in disguise. He is using the same words over and over, pretty easy to discover.

I assumed that guy had found gainful employment (or died).

Lambie is active on reddit a lot under BitcoinistanRising, Dropalog and so on (I think at least, maybe he has some sympaticos).  I am pretty sure Kwuckduck isn't Lambie though.

[angaper]

800 must be some magical fkn number, because it is so obvious that the price is being held below that until the new year comes.

What happens at 800? I would think that there really isn't any resistance left from here on up, but hey what do I know.

Of course it seems an important resistance. That price was never touched again since February of 2014, when the price was set at $800s for several days after the hangover of the historical record of a few weeks before.

[smracer]

Hold on to your butts.

[hulla]

$888 by christmas?

Is this for real cos I'm about to ask concern the Saxo Bank for the 2017 if it possible for the price hit $2100 due to the rise and fall of price bitcoin lately.

[Chef Ramsay]

We're officially dead. Don't post anymore. Your dreams of riches are on ice for further notice.

Nope, we goin up yall.

[unknown04]

looks like ure on the $770 $780 range.... and its been trading at this rate for like 2 weeks? I guess it's time to get some more bitcoin... what u guys think?

[DaRude]

My spidey senses are tingling, and weekend is upon us 

[ssmc2]

China says UP

[JayJuanGee]

800 must be some  magical fkn number, because it is so obvious that the price is being held below that until the new year comes.

What happens at 800? I would think that there really isn't any resistance left from here on up, but hey what do I know.

Every number seems to be magical for dee torque. Go figure!!!

Can't wait for dee torque's reaction when  we are passing quickly thru $1,234.56.   .

[JayJuanGee]

looks like ure on the $770 $780 range.... and its been trading at this rate for like 2 weeks? I guess it's time to get some more bitcoin... what u guys think?

Weren't the small dips of the past couple of weeks sufficient to pick up a little bit more?

For me, when the btc price is flat for a couple of weeks I can make little adjustments to my holdings allocations to help me feel a bit more comfortable, so currently I am at about 93.2% btc. A couple of weeks ago I was at 92.8% btc. I feel a little better now, but I'm thinking 92.8% btc would have been ok, too. Anywhere 90% to 95% btc would be ok within my current thinking and personal preferences.

[bitebits]

800 must be some magical fkn number, because it is so obvious that the price is being held below that until the new year comes.

What happens at 800? I would think that there really isn't any resistance left from here on up, but hey what do I know.

Perhaps this? Vinny Lingham: If We Hit 800, We’ll Go Straight to 900

[podyx]

800 must be some magical fkn number, because it is so obvious that the price is being held below that until the new year comes.

What happens at 800? I would think that there really isn't any resistance left from here on up, but hey what do I know.

Should be small resistance at 830-850 but with the build up behind us and the very limited supply and also having already broken key resistance at 780, it should be very minor.

I think the start of 2017 will have very nice price development.

[Karartma1]

Hold on to your butts.

I've said it already but it needs to be said again: this really feels like 2013 right now. But this time is for real. There is no mt.gox to lead the way: trading is happening everywhere at every level.

Hold on to your butts and... HOLD onto your bitcoins likewise.

[brokedummy]

I'm holding my coins because I don't even know where I would sell them now that IRS is looking at coinbase.

[LFC_Bitcoin]

I have a feeling we'll break through $800 this weekend, no idea why & no technical analysis behind it. Just a gut feeling.